while manufacturing jobs have been lost, the service sector has held up well since 2007, with modest gains in finance, professional services, education and health ... This has helped keep the city’s resale market balanced, with the sales-to-new listings ratio

that Richland County gained 3, 874 jobs by the end of third quarter. According to Senior ... be benchmarked by review of the E/P ratio, which is the ratio between employment and buildingpermits for new homes. A ratio of 1.00 or greater indicates a growing housing market ... Historical data –Richland County BuildingPermits for New Construction9 Year Single Family Multi-family However, new construction permits for the MSA are estimated at 7, 685.

Chart 1 shows that the level of home building activity has steadily trended higher and currently sits at its most elevated reading since 2008 as buildingpermits ... that while there is limited cause for encouragement, frail job markets and the looming ... to unfold. Chart 1 More Building! millio ns o f units B uilding P ermits Ho using Starts

Unemployment (Annual %) Personal Income Growth (Annual %) Res. BuildingPermits (Thou) Employment Growth The 1996 increase in employment was a more subdued 1 ... Area sales posting year-overyear gains of more than 10% in December 1996, according

Job growth has exceeded housing growth in nearly every part of the State since the economic recovery began in earnest in 1994. The number of new jobs exceeded the number ... and 1998. The State as a whole added 3.9 jobs for each new unit of housing, more

Real Estate • Housing permits, a forecaster of future homebuilding activity, have been on the rise. • Los Angeles, San Jose and San Francisco have the worst ratio of new jobs created to residential buildingpermits in the entire state ...Jobs per BuildingPermit O.C. Riverside San Fran. Sac. L.A. San Diego San Jose Oakland Sources: Construction Industry Research Board; RFA

Permits After months of decline, some good news… Alberta buildingpermitsgained ... US still shedding jobs… The US economy continued to lose jobs at an alarming ... in December 2007, the US has shed 5.7 million jobs. Job losses were widespread across

and have gained 5.4% over the past 12 months, unadjusted for inflation. Residential BuildingPermits Planned building activity, as measured by total residential buildingpermits, rose 2.5% in January but is down 33.9% over the past year. Single-family permits ...BuildingPermits U.S.(right scale, in 1, 000s) Total (left scale) Single-Family (left scale)